Murrieta Reverse Mortgages
At All Reverse Mortgage, Inc. (ARLO™), we take pride in being California’s #1 Rated Reverse Mortgage Lender. We have a perfect 5-star rating from the Better Business Bureau and an A+ Exemplary Rating. We’ve been serving communities across California and 15 additional states since 2004, all from our headquarters in Southern California.
We focus solely on reverse mortgages, so you can trust that we have the expertise you need. We’re dedicated to providing you with the best possible rates and the lowest costs, ensuring you get the most out of your home’s equity.
As a HUD-approved lender, we offer national HECM programs and provide non-FHA and Jumbo Reverse Mortgages for those with higher-value homes exceeding the national 2024 lending limit of $1,209,750.
We invite you to compare our reviews, rates, and closing costs with those of any other lender. We’re confident you’ll see the difference and are excited to help you make the most informed decision.
Murrieta Reverse Mortgage Facts
| City | Homeowners Age 62+ | Reverse Mortgages Closed Last 12 Months | Purchase Reverse Mortgages Closed Last 12 Months | Lenders in Murrieta (est) | Avg. Home Value |
|---|---|---|---|---|---|
| Murrieta | 13,080 | 89 | 0 | 65 | $680,045 |
HUD-Approved Direct Lender
At All Reverse Mortgage, Inc. (ARLO™), we are proud to be approved by the Department of Housing and Urban Development (HUD) to offer the Home Equity Conversion Mortgage (HECM), commonly known as a reverse mortgage. We take care of everything, from the application to closing, ensuring you’re in good hands every step of the way.
We serve homeowners in Anaheim, helping those who already own their homes refinance to eliminate their monthly mortgage payments or access their home equity for other needs. Whether you want to pay off your existing loan, free up some extra cash, or do both, we’re here to help.
About Us
Our team at All Reverse Mortgage has deep experience in the industry. In 2008, we were part of the group that introduced the first fixed-rate jumbo reverse mortgage, so we understand both HUD-backed HECM loans and jumbo (or proprietary) loans. This expertise allows us to offer options for homeowners with higher-value homes that may not be fully covered by HUD’s HECM program.
Choosing the right loan can be challenging, but our experienced originators are here to guide you. We’ll explain the options, including the pros and cons of each, so you can make the best decision for your situation. Whether a HUD HECM or a jumbo loan is right for you depends on your unique needs, and we’ll ensure you have all the information to make an informed choice.
For homeowners aged 62 and older, a reverse mortgage can be a valuable financial tool. It’s not just a last resort; many are using it to enhance their retirement plans. With a reverse mortgage, you can eliminate monthly mortgage payments or set up a line of credit that grows over time, helping you live comfortably and plan for the future.
Murrieta Lending Limits
Murrieta is a residential city in Riverside County, California, situated inland from the Pacific coast between San Diego and Los Angeles. The city experienced significant population growth in the early 2000s, more than doubling its population. Murrieta’s development as a residential region took off following the construction of the I-15 freeway in the 1980s, which passes through the town and improves access to surrounding areas. The city now covers roughly 34 square miles.
Murrieta’s history began with a land purchase by Domingo Pujol, Francisco Sanjurjo, and Juan and Ezequiel Murrieta, which later provided railroad access to the California Southern Railroad. In the late 1880s, the Temecula Land and Water Company acquired a portion of this land and mapped out a town plan.
Today, Murrieta has more than 115,000 residents as of 2024 and boasts a favorable climate, with average summer highs around 90 degrees Fahrenheit and winter lows just above 40 degrees Fahrenheit. The town features a charming town square with various local amenities and several renowned golf courses within the city limits.
Murrieta’s climate is typically hot during the summer, with daily average high temperatures between 83 and 91 degrees Fahrenheit from June to September. Winter temperatures range from an average low of 40 degrees in December to 41 degrees in February. The city enjoys favorable weather during the summer and fall months, with about 30 days of precipitation throughout the year, primarily in the winter months.
As of 2024, the median home value in Murrieta is $712,300, reflecting nearly a 7.5% increase over the past year. Many homes in Murrieta are valued below the federal reverse mortgage lending limit of $1,209,750, making the Home Equity Conversion Mortgage (HECM) product accessible to most qualified homeowners. Private jumbo reverse mortgage programs are available for those with properties valued above this limit and may offer a better solution.
If you’re a homeowner in Murrieta aged 62 or older, and you’re curious about how a reverse mortgage could benefit you, All Reverse Mortgage, Inc. (ARLO™) is here to help. Call us today at Toll-Free (800) 565-1722 or visit our calculator to explore your options.
We’re ready to answer your questions and help you make the most of your home’s equity—so you can confidently enjoy your retirement. Don’t wait—reach out to us today!
